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Home Improvement Retail Industry Stocks Technical Analysis - HDArchive - 6/20/2025 - Sign In to see current Signals. |
Home Depot (HD) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Home Depot (HD). During the week, the HD dropped -5.04 points, or -1.42%, and closed at 349.62 on Friday, June 20, 2025. Weekly volume was 57% above average.
Long-term trend: [See HD long-term trend chart] A long-term uptrend had started on June 22, 2022 at 264.51 and reached 439.40 on November 26, 2024. HD gained -174.89 points, or -66.12%, in 126 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 286.05 and resistance is at 465.49. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See HD medium-term trend chart] A medium-term downtrend had started on November 26, 2024 at 439.40 and reached 326.30 on April 9, 2025. HD lost 113.10 points, or 25.74%, in 19 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 283.78 and resistance is at 392.35. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See HD weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See HD short-term trend chart] A short-term uptrend had started on April 9, 2025 at 326.30 and reached 389.75 on May 20, 2025. HD gained -63.45 points, or -19.45%, in 41 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (381.39) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. HD may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See HD daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since May 22, 2025.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Consumer Discretionary |
4 |
Industry |
Home Improvement Retail |
16 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
389.75 |
High Date |
05/20/2025 |
Low |
345.80 |
Low Date |
06/18/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Symmetric Triangle |
Status |
Broken Support |
Resistance |
359.55 |
Support |
381.39 |
Low |
326.30 |
Low Date |
04/09/2025 |
High |
389.75 |
High Date |
05/20/2025 |
|
Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
Status |
Valid |
Resistance |
392.35 |
Support |
283.78 |
High |
439.40 |
High Date |
11/26/2024 |
Low |
326.30 |
Low Date |
04/09/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
465.49 |
Support |
286.05 |
Low |
264.51 |
Low Date |
06/22/2022 |
High |
439.40 |
High Date |
11/26/2024 |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
17.05 |
Low Date |
10/10/2008 |
High |
439.40 |
High Date |
11/26/2024 |
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